Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, communications service providers, conferencing providers, contact centers, small and medium-sized businesses, emerging technology companies, and many other businesses. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.
Revenue of Bandwidth Inc. (BAND)
Revenue in 2023 (TTM): $601.12 M
According to Bandwidth Inc.'s latest financial reports the company's current revenue (TTM) is $601.12 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Bandwidth Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $601.12 M | $236.16 M | $32.55 M | $-19,303,000 | $-16,343,000 |
| 2022 | $573.15 M | $238.35 M | $62.93 M | $17.31 M | $19.57 M |
| 2021 | $490.91 M | $218.52 M | $34.23 M | $-31,195,000 | $-27,362,000 |
| 2020 | $343.11 M | $157.86 M | $8.11 M | $-28,972,000 | $-43,977,000 |
| 2019 | $232.59 M | $107.64 M | $-3,886,000 | $-15,224,000 | $2.49 M |
| 2018 | $204.11 M | $95.97 M | $12.58 M | $7.05 M | $17.92 M |
| 2017 | $162.96 M | $73.69 M | $20.33 M | $12.89 M | $5.97 M |
| 2016 | $152.14 M | $66.92 M | $21.39 M | $14.34 M | $22.36 M |
| 2015 | $137.8 M | $58.56 M | $15.04 M | $7.37 M | $-6,700,000 |